BMO

BMO — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($145.48)
DCF$167.99+15.5%
Graham Number$131.16-9.8%
Reverse DCF
DDM$100.53-30.9%
EV/EBITDA

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: 10.0% / EPS: 19.8%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$167.99
Current Price$145.48
Upside / Downside+15.5%
Net Debt (used)-$118.63B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term11.8%15.8%19.8%23.8%27.8%
7.0%$167.99$167.99$167.99$167.99$167.99
8.0%$167.99$167.99$167.99$167.99$167.99
9.0%$167.99$167.99$167.99$167.99$167.99
10.0%$167.99$167.99$167.99$167.99$167.99
11.0%$167.99$167.99$167.99$167.99$167.99

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $8.77
Yahoo: $87.17

Results

Graham Number$131.16
Current Price$145.48
Margin of Safety-9.8%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$145.48
Implied Near-term FCF Growth
Historical Revenue Growth10.0%
Historical Earnings Growth19.8%
Base FCF (TTM)
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $4.88

Results

DDM Intrinsic Value / share$100.53
Current Price$145.48
Upside / Downside-30.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: —
Current: —×
Default: -$118.63B

Results

Implied Equity Value / share$167.99
Current Price$145.48
Upside / Downside+15.5%
Implied EV$0